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free slot games vegas worldLess than 12 months later, most of those gains have been returned.Blame it on last fall’s Strip shooting, ongoing trade war tensions between the US and China, or rising interest rates. Whatever the cause, the gaming industry has been one of the worst-performing sectors this year.“We met with management teams from MGM, Caesars … and come away feeling reassured that recent weakness in the stocks is less a reflection of a change, weakening in underlying fundamentals, and more commonly attributed to technicals and interest rates,” JPMorgan analyst Joseph Greff said in a Tuesday note.Investors have paid the price dearly in numerous casino stocks:online casino real money usa paypalMGM Resorts has gone from in January to below , a 30 percent lossLas Vegas Sands has gone from in June to , a 32 percent lossWynn Resorts has gone from 0 in May to 6, a 42 percent lossCaesars Entertainment has gone from in January to , a 35 percent lossCorrection or Chaos? Stock market analysts are scurrying to determine whether the sell-off is simply a Wall Street correction, or an indicator that more trouble is ahead. The nearly 1,400-point loss equates to a roughly six percent decline. mountaineer casino applicationThe sell-off has been fueled by the FANG tech stocks, Facebook, Apple, Netflix, and Google, but the overall stock market plunge is impacting various industries including gaming.MGM Resorts and Las Vegas Sands were both down about five percent during the two-day period, while Wynn Resorts dropped 2.3 percent. The oldest members of Generation Z, those born roughly between 1997 and 2016, are just now turning 21-years-old, but brick-and-mortar casinos are already considering the demographic’s characteristicsonline casino real money usa paypal. Bernhard says their average attention span is just eight seconds. boomtown casino menu my choice casino facebookblack hawk casino colorado weatherThe majority of Generation Z individuals aren’t yet of gambling age, but that isn’t stopping the gaming industry from wanting to better learn about their habits. The majority of Generation Z individuals aren’t yet of gambling age, but that isn’t stopping the gaming industry from wanting to better learn about their habits. The nearly 1,400-point loss equates to a roughly six percent decline. giochi gratis casino slot machine 5 rulliCaesars Entertainment, which isn’t invested in Macau and is more reliant on Las Vegas than the other three companies, dove 8.4 percent.Gaming Industry Pullback The gaming industry enjoyed a prosperous 2017 where casino stocks hit record highs. In a recent publication from Villa’s organization titled the “State of Gen Z,” researchers concluded that Generation Z is smarter with money than millennials, are better multi-taskers, and embrace individualism at higher rates.But Generation Z, which was born and grew up with a plethora of technology in front of their faces, is also less focused. And the general consensus is that slot machines and table games as they’ve been known for decades might not appeal to such a tech-savvy group.Generation Z TraitsAccording to the US Census Bureau, Generation Z represents nearly 26 percent of the living US population, which is more than millennials at 24.5 percent.“Generation Z has arrived, and they’re very different from millennials,” The Center online casino real money usa paypalfor Generational Kinetics CEO Denise Villa said. firekeepers casino wedding packages bellagio casino addrebisland view hotel and casino in gulfport mibibippiThe S&P 500, which MGM Resorts and Wynn Resorts are a part of, was also down six percent.The Nasdaq has entered into correction territory after dropping more than 10 percent since August. Whatever the cause, the gaming industry has been one of the worst-performing sectors this year.“We met with management teams from MGM, Caesars … and come away feeling reassured that recent weakness in the stocks is less a reflection of a change, weakening in underlying fundamentals, and more commonly attributed to technicals and interest rates,” JPMorgan analyst Joseph Greff said in a Tuesday note.Investors have paid the price dearly in numerous casino stocks:online casino real money usa paypalMGM Resorts has gone from in January to below , a 30 percent lossLas Vegas Sands has gone from in June to , a 32 percent lossWynn Resorts has gone from 0 in May to 6, a 42 percent lossCaesars Entertainment has gone from in January to , a 35 percent lossCorrection or Chaos? Stock market analysts are scurrying to determine whether the sell-off is simply a Wall Street correction, or an indicator that more trouble is ahead. (Image: Shutterstock/Casino.org)Land-based casinos still haven’t figured out the millennial, a generation that has far less appetite for traditional slot machines than their parents and grandparents. The majority of Generation Z individuals aren’t yet of gambling age, but that isn’t stopping the gaming industry from wanting to better learn about their habits. Generation Z presents even greater concerns.Speaking at the Global Gaming Expo (G2E) discussion titled “Customer Experience is Not One Size Fits All: Delivering Exceptional and Customized Service to Wow All Customers,” panelists voiced alarms on not just the millennial, but those in Generation Z.It doesn’t take an economics expert to point out that this represents a demographic tsunami,” BMM Testlabs executive Robin Bernhard declared. Bernhard says their average attention span is just eight seconds. hollywood casino joliet il black lotus casino new player no deposit bonus |